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rupert murdoch with tough questions later today, outraged over a string of allegations reporters for the paper hacked mobile phones to get scoops. murdoch's apologized. much more on the story justice ahead on "world business today." one of the first journal itss who exposed phone hacking by "news of the world" has been found dead. sean ward said andy coulson hacked into phones. police are not treating the death as suspicious. >>> a u.s. official says a meeting between the u.s. and libya at the weekend was meant to deliver one message, that moammar gadhafi must go. libya called the face-to-face talks in tunisia a first step. the u.s. says the meeting was a one-off event. >>> the women's world cup team soaked up the limelight after bringing japan its first cup title. japan's the first asian nation with a world cup championship. those are the headlines. auto' jane verjee at cnn in london. "world business today" starts now. >> a very good afternoon to you from cnn hong kong, i'm alicia tank. >> good morning from cnn london. you're watching "world business today." time to testify, new
finance and criminal allegations, the whirlwinds rocking rupert murdoch's mighty mediame empire. >>> markets in europe are deep in the red on heels of steep markets across asia. how are things moving where you are? >> down, a third session of losses and quite heavy ones. let's check in with the markets. really quite heavy, off by more than 2%, comfortably more than 2%, and with the paris and zurich off by 2.1%, zurich off by more than 2.1% and the same theme as we saw in monday's session which is the banks very heavily being sold at the moment heavily, there is clearing great deal of worry about the contagion spreading to italy about this moving into a generalized crisis with a lot of banks really coming under pressure with non-performing government bonds on their books, and just one other theme, thomas cook is down on a profit warning, but really the whole worry about italy's finances very much putting all of that in state and look at that on the milan stock exchange we're looking at a punishing session off by 4.25%. let's move on to the currency markets not surprisingly we're
, you're a rupert murdoch customer. the murdochs both father and son have their work cut out for them. >> they have two different things in their testimony tomorrow. they got acknowledge responsibility. they have to say that what is completely obvious is that this wasn't abe ration, it was apparently thousands of people who were hacked and the idea they didn't know is propest rous. at the some time, they can't con fes to crimes. >> another twist a former news of the world reporter a man who blew the whistle has been found dead in his home. one of the first to go on the record saying that his colleagues were encouraged to hack. the death is being treated as unexplained but not suspicious. the hacker group hit the sun, a murdoch paper, it posted fake articles and now some hackers saying they're sitting on news of the world e-mails. >>> two weeks until america runs out of money to pay its bill. just under half of the americans have confidence that president obama will hado the right thing. they're lingering between 25 and 35%. you can see president obama at less than half. 45% is higher
on the right with rupert murdoch on the left. she could be questioned by police today. les hinton told investigators in 2007 that the firm hiking was limited to one reporter. news internation nal said that that conclusion was based on an examination of 2,500 e-mails. but the shocking resch lagss continued to pile up and i suppose the rest is history and now media mogul rupert murdoch has flown no to take part in what is just a mench. he's trying to save the takeover of his british sky broadcasting known as b sky b. it does have the backing of news corps. despite that monday's independence says the deal appears, quote, dead in the water, pauline. >> well, charles, let's take a look at how all of this has affected the stock. it's dented news corps shares. it was one of the worst performing stocks on the sydney today, down 5.1%. at the close on this monday, it was selling at 15 aussie dollars. with the deal in question, it could slide even further. charles? >> don has been following this saga and joins us outside the house of commons. dan, what is the mood. is there a mood to stifle this
empire, this just a day after rupert murdoch insisted to lawmakers he didn't know much. >> i don't know. >> i don't know. >> i was not aware at the time. >> i don't have any memory. >> i don't know anything about that. >> i'm not sure what i said. >> i cannot spare to the accuracy of it. >> i just don't remember. >> check this out, a pie attack. you see it there, bottom left of your screen. the most memorable moments of the intense two-hour hearing. the pie man is a comedian who sent a tweet before the attack comparing murdoch to mr. burns, yes, that mr. burns on the left, the sinister but powerful simpsons character. the attacker is facing criminal charges this morning. will rupert murdoch face any? here is jeffrey toobin on "ac 360." >> a lot of people have talked about the possibility of criminal charges in the united states, the foreign corrupt practices act or something connected with hacking of 9/11 victims. there is really no credible evidence at all of any sort of american criminal violations by anyone in connection with news corp. so i really think the question is really a busi
. >>> media baron rupert murdoch has abandoned his attempt to take over bskyb. it was dropped after all the parties in parliament called on murdoch to dump his plans to pursue it. at least four members of the u.s. congress want the government to investigate whether u.s. citizens were victims of phone hacking by murdoch's media outlets. international journalists were attempted to hack into the phone messages of 9/11 victims. > ruling party officials say mr. salih will go back after he's 4 surgery. >>> those are the headlines. those are the headlines in cnn in london. "world business today" starts now. >>> very good morning to you from cnn rome. >> and good afternoon from cnn hong kong. i'm pauline chu and this is "world business today." these are the top stories on this thursday, july 14th. running on empty and running out of time on both sides of the atlantic. there's a tense stalemate in washington as lawmakers fail yet again to head off the looming debt default. >>> meanwhile, italy races to push through austerity measures and restore confidence in the country's economy. >>> plus, rup
.m. on the west coast. i'm kyra phillips. thanks for joining us. >>> rupert murdoch facing new allegations of slesing reporting tactics. two more of his newspapers engulfed in scandal. live images now as two crew members from the international space station begin a lengthy list of chores. >>> cia plot revealed in the chase of osama bin laden. we will tell you about the fake vaccination drive to collect dna samples. >>> we begin this morning with the most powerful media empirs in the world rocked by a scandal that grows deeper and wider. two more of rupert murdoch's newspapers in great britain now face their own accusations of appallinging wrong doing. their report target no less than the royal family and a former prime minister. in fact, gordon brown says the paper had links to criminals in order to hack into his bank accounts. and the medical records of his seriously ill son. meanwhile, members of parliament are demanding tough answers from police. how do they not uncover a hacking conspiracy that could mushroom to thousands of victims? let's get the latest from rivers live in london. the
. >>> the british government looks to back calls from rupert murdoch to drop his bid for bskyb as phone hacking allegations surrounding his uk newspapers continue to chip away at the value of his entire media empire. >>> china's building boom shows no signs of slowing down much to the dismay of this man who calls this makeshift building his home. [ female announcer ] now you can apply sunblock to your kids' wet skin. new neutrogena® wet skin kids. ordinary sunblock drips and whitens. neutrogena® wet skin cuts through water. forms a broad spectrum barrier for full strength sun protection. wet skin. neutrogena®. [ding] announcer: clean kitchen surfaces, utensils, and hands with soapy water. one in 6 americans will get sick from food poisoning this year. keep your family safer. check your steps at foodsafety.gov. >>> welcome back. live from rome and hong kong, you're watching "world business today" on cnn. >>> for media tycoon rupert murdoch, the sky may indeed be the limit. we're talking about british sky broadcasting. a downing street source tells c flfrnlthsn the british government will back
been set. >>> rupert murdoch is back in the united states. he and his wife returned to their new york home yesterday. there is a lot on rupert murdoch's plate. news corp. is facing an fbi investigation and at least two u.s. based lawsuits filed by shareholders. also a possible standard & poor's downgrade. >> developing cnn learning at least 22 deaths blamed on the stifling heat gripping the nation. right now more than 140 million people in at least 30 states are under advisories or warnings dealing with near triple-digit temperatures. expected to stay in place through joust the weekend. >>> terrorists may be targeting private u tilts in the united states. department of homeland security putting state and local law enforcement on alert for potential threats. while there is no specific credible intelligence, officials say, quote, several recent incidents highlight the ongoing threat to private sector utility facilities. >>> some 22 thousand state workers in minnesota are back on the job this morning. they had been out of work since july 1 because of a government shutdown in that state.
we now know to have taken place. rebecca brooks along with rupert murdoch and his son james are all to appear before the parliament to testify next week. >>> the bureau is checking claims that murdoch's british newspapers were trying to get into the voicemails of the victims of 9/11. >> it's not any of their business. they can ask and if we want to tell we can tell, but they cannot just trample on the law. they should be held accountable. >>> casey anthony is a free woman on sunday. we will look at what life will look like for her after jail. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. and celebrex is not a narcotic. when it comes to relieving your arthritis pain, you and your doctor need to balance the benefits with th
rupert murdoch arrived in london today in a bid to limit damage to the rest of his media empire. >>> and the shuttle "atlantis" arrives at the international space station one last time a short time ago. the astronauts were welcomed aboard by the station's current crew. they have brought along a year's worth of supplies, and it's going to take them about a week to unload all of it. >>> join me for more news at the top of the hour. back to "fareed zakaria: gps" in a moment. >> okay. put your thinking caps on far moment. which continent has six of the world's ten fastest growing economies? which continent is projected to have the world's third largest city by population in just a few years? which continue nen has the world's newest nation? if you picked asia, that's wrong. one more question might help you get the answer. which continent has seven of the top ten failed states in the world? the continent, of course, is africa. that's what i want to talk to my two terrific guests about. nicholas kristof and peter godwin, african-born author and reporter. both are just back from africa
. together those five brands bring in an estimated $3.2 million for the rupert murdoch owned newspaper. pretty significant business on the line. all of this comes as murdoch's own news corporation aims to take over british sky broadcasting. discussions on that have been going on for months. there's also been widespread opposition to that planned takeover. and just yesterday reacting to fresh allegations, the former deputy prime minister lord prescott began calling for the takeover to be blocked. john prescott himself is one of many politicians to have his phone hacked alongside numerous celebrities, stars and aides to the british royal family. as dan rivers reports, even though phone hacking revelations are nothing new, it dates back further than many realized. >> the murder of the 13-year-old schoolgirl milly doward in 2002 appalled britain. last month her killer, lev levi belfield was finally convicted. this is now come up with another inquiry, phone hacking. the scandal relates to the illegal tabloid practice of accessing cell phone messages left for celebrities in order to get stor
listening to them giving her family and friends thoughts that she was still alive. rupert murdoch has not apologized to them and they're pretty upset with the paper's, quote, self-congratulatory" issue. here oh's what the president said on the last day. >> it's really been a great day, a wonderful newspaper. >> now there are accusations that the newspaper also bribed police officers and hacked the phone messages of terrorist victims. >> the u.s. is withholding $800 million to pack stab. its's a smack down for them expelling u.s. military trainers. they hope holding all the money back will create pressure on them. >>> here's fake for you. $47 million. nearly two oust every $10 americans took in last year came from the government in if form of job else benefits, food stamps and social security. when extended benefits go away by the end of this year, some $37 billion won't go into people's accounts and won't go into the economy. time now for reynolds wolf in a atlanta. any flight days? >> not yet but they're sure to come. there are song strom storms coming. possibly major delays for chic
. late night comedians are not about to let the rupert murdoch pie-throwing contest fade into memory. >> i was horrified. he is 80 -- he can't digest pie! the instant murdoch was hit with the pie, news corp. stock spiked, regaining $395 million in market value in five minutes. this is brilliant! he needs to be hit with more pies! perhaps a scalding mincemeat or savory steak and kidney or snout and pancreas. >> what about england's second most powerful man -- david cameron -- who -- whose hiring of andy coulson as press secretary despite his rencently resigned after the first count of allegeds. >> how can he smell a rat when he has one in his midst? >> that was awesome! that's your c-span? i imagine the prime minister never had a chance. >> i've asked this question once already. i can set the answer to music if you like. just once in a while it would be nice to hear a little bat squeak of responsibility from the party opposite. i don't recall every single conversation i had. and you would be mad to try and pretend that you do. >> england is awesome! >> certainly was fun to watch some
that journalists working for rupert murdoch's news corp. tried to hack their phones. >>> a bit of good news for the job market today. the number of first-time applicants for unemployment benefits fell below 400,000. it is the first time that's happened, in case you're keeping track, since early april. >>> the august 2nd deadline looms, but is a default as bad as it really sounds? find out next in this week's "q&a." ♪ ♪ look at that car, well, it goes fast ♪ ♪ givin' my dad a heart attack ♪ [ friend ] that is so awesome. ♪ i love my car [ engine revving ] [ male announcer ] that first chevy, yea, it gets under your skin. ♪ man on tv: ...rbis and 36 homers. swings at the first pitch and fouls it deep back into the stands. [ding] [fans whirring] announcer: chill raw and prepared foods promptly. one in 6 americans will get sick from food poisoning this year. check your steps at foodsafety.gov. >>> so we all know defaulting on a personal loan is widely seen as negative, but does the same logic hold true for our country? our resident business experts ali velshi and richard quest tac
Search Results 0 to 14 of about 15